- January 12, 2023
- Posted by: andorrasolutions
- Category: News Andorra
The minimum interprofessional wage in Andorra for 2023 has been increased by 7% compared to the last increase in 2022, with effect from 1 January 2023. The Andorran government has set the minimum hourly wage for 2023 at 7.42€. This leads to a minimum monthly wage of €1286.13, based on a 40-hour working week. More information can be found in the BOPA No. 142 of 7 December 2022, Decree 498/2022 of 30/11/2022 and in the Information Circular on the minimum wage for 2023.
This wage effective from 1 January 2023 for any employee over 15 years of age in Andorra will be subject to the following concepts:
Hourly wage: € 7.42
Daily wage: € 59.36
Monthly wage: € 1,286.13
Hours per day: 8
Hours per week: 40
The new Minister of Finance and spokesman of the Government of Andorra, César Marquina, has informed that from December 2021 and taking into account the wage increase in May 2022, the Government of Andorra has increased the minimum wage by 14%.
With this wage increase, the Government of Andorra is moving in the direction of progressively bringing the minimum interprofessional wage in Andorra for 2023 into line with the real cost of living and also to comply with the Council of Europe’s recommendation that the minimum wage in Andorra should reach 60% of the average wage in the Principality.
The Government of Andorra has also announced that the percentage increase of the monthly salary in 2023 would decrease by 0.5% for every 200 euros more received on the basis of 1400 euros. Thus, if the salary is between 1200 and 1400 euros, the increase will be 7%. If the salary is between 1400 and 1600 euros, the increase will be 6.5%, and so on.